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Webinar Calendar

Our League webinars offer training on topics for all aspects of credit union operations. You'll have the choice to participate in the live webinar only, purchase the recorded webinar or both. Included with all League webinars are the training log, quiz and answer key. 

Download a printable list of upcoming 2019 webinars >>

From time-to-time our webinar calendar will also show webinars from system partners. This is done as a courtesy to further your learning options and you should contact the system partner for details on those webinars.


Risks & Precautions for Endorsements & Other Negotiable Instruments

This webinar will outline the processes to avoid loss, mitigate risk, and examine the rights and liabilities of the parties involved in acceptance, payment, and enforcement of negotiable instruments.

Feb 12, 2019 02:00 PM   -­­  Feb 12, 2019 03:30 PM
CT
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Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Member Services
  • Front Line
  • Compliance

Register

Description 

Accepting items for deposit is just routine – until something goes wrong. When sending deposited items through for payment, your institution is warranting that it gave the funds to the payee. Who is the item really payable to? What about restrictive endorsements? Who can endorse when there are multiple payees? What if no one endorses it, can it still be deposited? The answers to these questions depend on the facts and circumstances of each item and the parties involved, including the depository institution. This webinar will outline the processes to avoid loss, mitigate risk, and examine the rights and liabilities of the parties involved in acceptance, payment, and enforcement of negotiable instruments.

Learning Objectives

  • Institution’s rights and responsibilities when accepting items payable to natural persons, entities, and fiduciaries
  • When an item should be rejected due to insufficient or unauthorized endorsement 
  • Laws that affect payment of negotiable instruments
  • Recognizing when an item should not be paid
  • When can stop payments be placed and by whom?
  • Risks associated with certain types of checks
  • How understanding check hold options can minimize risk exposure

Speaker

Mary-Lou Heighes, Compliance Plus, Inc.

Investment

$259.00